Category Archives: Capitalism

This weekend on Carolina Journal Radio

New Common Core public education standards are raising red flags for parents and education reformers. During the next edition of Carolina Journal Radio, Terry Stoops discusses problems associated with new North Carolina English tests based on the Common Core. Stoops also discusses community college remediation efforts, while John Locke Foundation research colleague Katherine Restrepo outlinesContinue Reading

Capitalism, Growth, and Poverty Reduction

This week in The Economist there is a great piece about extreme poverty reduction in the developing world.  In the last 20 years, around a billion people have been lifted out of the most extreme poverty – defined globally as living on less than $1.25 a day.  ONE BILLION PEOPLE.  That still leaves way tooContinue Reading

This weekend on Carolina Journal Radio

College costs continue to climb, especially for those students who need more than four years to earn their degrees. Jenna Ashley Robinson of the Pope Center for Higher Education Policy probes the topic of college completion costs during the next edition of Carolina Journal Radio. Jeanette Doran of the N.C. Institute for Constitutional Law exploresContinue Reading

Reason writer compares California, Texas, and Bangladesh

Steven Greenhut helps Reason readers put the debates about the California and Texas economies in proper perspective. In California, Democrats control every state constitutional office and have an iron grip on the Legislature, where they always propose new regulations and seek new ways to secure additional tax revenues. In Texas, Republicans are dominant and Gov.Continue Reading

EU Tariffs

In a classic example of the harmful effects of tariffs and other barriers to trade, American denim manufacturers were hit hard last week by new taxes imposed by the EU.  As reported on Fox Business: U.S. denim manufacturers last week woke up to a sharp slap in the face from a European Union tax hike,Continue Reading

The Power of the Market in North Korea

On Friday, the New York Times ran an op-ed entitled, “The Market Shall Set North Korea Free.” Written by a defector who previously worked in Kim Jong-il’s government, it offers a unique and interesting look at what things are really like inside one of the world’s most secretive and oppressive countries. In talking about theContinue Reading

On ‘giving back’

If you grit your teeth when you hear discussion of a successful business or entrepreneur “giving back” to the community, you’ll likely appreciate this excerpt from Charles Cooke’s recent National Review cover story on Canada’s tar sands. The government employees have an unfortunate tendency to couch their discussions of the oil sands in politically correctContinue Reading

Goldberg hits another homerun

I just finished Jonah Goldberg’s excellent book The Tyranny of Cliches: How the Liberals Cheat in the War of Ideas.  Each of the 24 chapters debunks a liberal cliché with equal portions of wit and wisdom.  The chapter on the “living constitution” is exceptional, especially this passage. “Drunk on a rich cocktail of Hegel, DarwinContinue Reading